KeyBank Data Center Sale-Leaseback

The JLL Data Center Solutions team is pleased to bring to market the KeyBank Data Center located in Solon, OH. Built in 2009, the data center houses primary IT production for the bank. KeyBank (“Seller and Tenant”) is pursuing a sale-leaseback of their entire data center asset.

This robust facility provides best-in-class data center infrastructure with secured and growing cash flow supported by investment grade tenancy in a growing data center market..

Investment grade tenancy: S&P: A- Credit rating

Growing colocation market: High quality product in a market with limited wholesale supply available

Absolute triple net lease structure: Zero landlord responsibilities

Value-add optionality: Buyer shall have the option to lease out the unoccupied West Data Hall during the leaseback term

Expansion capability: 14.67-acre site allows for future data center expansion

LEED platinum certified: Meets your carbon neutrality requirements day one